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Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: I accept they have a difficult, technical and sensitive job to do. As one problem after another came to light, they acknowledged that problems existed in the past, while maintaining that the system is fine now. As experienced parliamentarians, we are asking the Minister to level with us. We have been elected by the people to come here. The Government has certain responsibilities and...

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: May I ask a question?

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: May I reply?

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: The Department issued a statement that the Minister has indicated that he will consider applications to join the guarantee scheme from financial subsidiaries with a significant high street retail presence, and that they will be considered on a case-by-case basis. With regard to the extension of the scheme, does the Minister have a position at this stage on financial institutions based in the...

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: No. It includes the banks, as part of the scheme, recapitalising to cover some of the impairment of their asset values for the reasons that I set out. I did not say anything about the taxpayer paying anything for this, God forbid.

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)

Joan Burton: Can I have clarification about the times allocated for debate? We understood from the discussion between the Whips that there was to be a maximum of ten minutes on section 1 in order to allow the moving of the Labour Party's amendments on section 2, particularly amendment No. 2. Is that now interpreted as an open debate on section 1 which may use up the time allocated for section 2? That...

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)

Joan Burton: In that event, I will beg the Ceann Comhairle's indulgence to move the section 2 amendments because it is important they are brought to the floor of the House in the spirit of democracy and the co-operation which we happily offered to the Minister earlier.

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: Is that some €520 billion?

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: That bears out our amendment No. 1.

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: Our amendment No. 1 refers as well to the scheme.

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: I thank the Deputy. That is what we have suggested in amendment No. 1.

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: I thank the Deputy.

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: Yes.

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) (1 Oct 2008)

Joan Burton: The bulls and the bears.

Written Answers — Air Services: Air Services (1 Oct 2008)

Joan Burton: Question 37: To ask the Minister for Transport if he will initiate a full review of all safety procedures in airports here and on all airlines operating in and out of airports here in view of the recent series of emergency incidents that have occurred over the past few months; and if he will make a statement on the matter. [32521/08]

Written Answers — Departmental Agencies: Departmental Agencies (1 Oct 2008)

Joan Burton: Question 43: To ask the Minister for Transport the position regarding the establishment and implementation of the Dublin Transport Authority; when the new DTA will be fully operational; if the new DTA will be branded as Dublin Transport; if so, the cost of this branding; and if he will make a statement on the matter. [32531/08]

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)

Joan Burton: We are not having another committee. Would it not be more taxpayers' money down the Swannee? Is that the Minister's sole response?

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)

Joan Burton: That is meant to be the Joint Committee on Finance and the Public Service, but people from the Central Bank, for example, attend and do not answer questions.

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)

Joan Burton: Could the Minister accede to the proposal——

Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages (1 Oct 2008)

Joan Burton: ——to protect people who are in danger of losing their homes?

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